Volkswagen Commons (01635) fell more than 14%, and the stock closed up more than 21% in the previous trading day. As of press release, it fell 14.09% to HK$1.28, with a turnover of HK$73.9245 million.
The Zhitong Finance App learned that Volkswagen Public (01635) fell by more than 14%, and the stock closed up more than 21% in the previous trading day. As of press release, it fell 14.09% to HK$1.28, with a turnover of HK$73.9245 million.
According to the news, the intelligent driving concept went out of style, and the company's joint venture public transportation jumped straight to a standstill in early trading. The company issued a stock price change announcement stating that the company is concerned that intelligent connected vehicles have received a lot of attention in the market recently. Currently, this model is still in the experimental stage and basically does not generate revenue for the company. There is still uncertainty about future business development trends, and it will not have a significant impact on the company's business activities in the short term.
According to the 2024 interim results of Volkswagen Public Utilities, the group achieved revenue of 3.661 billion yuan (RMB, same below) in the first half of the year, an increase of 2.94% over the previous year; profit attributable to company owners was 0.122 billion yuan, a decrease of 74.42% year on year.